There is a certain amount of confusion among observers about Saudi economic strategy. We can gain clarity on this if we look at the many initiatives of Vision 2030 in...... continue reading
In the past 18 months, Saudi Arabia has won the bid to host the World Expo 2030 (in a landslide vote); secured the 2029 Asian Winter Games and 2034 World...... continue reading
Economists widely advise against procyclical fiscal policies. Nonetheless, evidence suggests many countries, especially emerging economies, commonly undertake such policies. For example, during an economic expansion, governments tend to increase spending...... continue reading
Al-Falih said that during this decade alone, Saudi Arabia will add more than $3 trillion in investments to the economy, and a large share of these investments will be allocated...... continue reading
It is important that investors understand the long-term structural changes to the Saudi economy that are taking place and the opportunities they offer, the head of the National Development Division...... continue reading
Under the RHQ Tax Rules, RHQ entities established in Saudi Arabia that meet the relevant criteria are granted a 30-year renewable tax incentive of 0% corporate income tax (CIT) and...... continue reading
Al-Ibrahim said that the future plan for Saudi Arabia within its Vision 2030 spurred economic growth by inviting private sector investors to participate in creating new opportunities across a host...... continue reading
According to the Chairman of the Federation of Esports and Gaming HRH Prince Faisal bin Bandar bin Sultan Al Saud, the Kingdom’s aim to become a leading global hub for...... continue reading
International Monetary Fund Managing Director Kristalina Georgieva said that the change in Saudi Arabia in terms of economic diversification is amazing. “The change in Saudi Arabia is amazing,” she said...... continue reading
Growing leisure tourism is a principal focus; diversifying the county from its historic religious tourism sector that benefits from hajj and umrah pilgrims. For now, the leisure tourism sector Saudi is...... continue reading
The scale of Saudi Arabia’s spending may seem like largesse. But there is a strategic logic to it. Estimates suggest that while the global esports market may currently be worth...... continue reading
Imagine 8 million annual visitors, 25,000 employees, and nearly 18,000 residents shaping the city's dynamic spirit. Picture 6,000 apartments and 500 villas housing families and individuals drawn to this unique...... continue reading